NEW PRICE! $117,500! 430 W. Shannon

 

 

430 W. Shannon Ave.

NEW PRICE! $117,500

3bd/2ba/1 car garage

Virtual Tour at: http://www.tourfactory.com/926809

Just a little TLC for this solid rancher with large rooms! Coved ceilings, beautiful wood floors, gas fireplace, Central A/C. Basement could be in-law set-up with large egress master. Oversized garage, fenced corner lot, sprinkler system, RV parking & water hookup & hot tub wiring. Short Sale! Bring offers!!

Please call or e-mail Melissa today for more info or to set up at showing at:

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

12515 W. Meadowview Ln

12515 W. Meadview Ln.

$185,000

4bd/2ba/2 car garage

Virtual Tour at: www.tourfactory.com/911925

Clean & solid Suncrest home with oversized 1.49 acre lot with peek a boo views of the lake. Very private & lovely setting with mature landscaping & circular drive. Oversized dining room w/access to large deck & over looking living rm & stone corner fireplace. Double sinks in main bath. $100 per year fee for private lake access.

Please call or e-mail Melissa today for more info or to set up at showing at:

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

10510 W. Richland #56

10510 W. Richland #56

$52,000

3bd/2ba

Virtual Tour at: http://www.tourfactory.com/894105

Beautiful updated home w/vaulted ceilings newer floor coverings, 2 skylights and extra large bedrooms. You wont be disappointed! Home has a 13x30 deck and sits on a triple sized corner lot w/storage shed & room for carport or garage. Mstr has lrg walkin & huge bath w/soak tub, double vanity, shower & linen closet. Newer central A/C, large utility/mud room w/sink & room for storage. Spacious kitchen w/bar, dishwasher, lots of counter & cabinet space. Low lot rent & easy access to dwnt Cheney/Med Lk /Awy Hts

Please call or e-mail Melissa today for more info or to set up at showing at:

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

2518 E. 4th Ave.

2518 E. 4th Ave.

$110,000

4bd/2ba/2 car detached garage

Virtual Tour at: www.tourfactory.com/883575

Home was remodeled in 2007. Seller willing to install new carpet with acceptable offer. Two story with 3 bedrooms up. Master suite, two car to be built with acceptable offer. Covered front porch & partial fenced yard. Close to bus route & downtown. Possible owner finance.

Please call or e-mail Melissa today for more info or to set up at showing at:

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

NEW PRICE $259,900! 813 E. Brierwood

                                                        

813 E. Brierwood Ln.

$169,500

5bd/4ba/3 car attached garage

Virtual Tour at: http://www.tourfactory.com/703886

Large 2 story home with full walkout daylight bsmt. Nicely remodeled with trendy colors, slate entry, hardwood floors & more. Vaulted foyer leads to formal dining & living rooms. Kitchen boasts a skylight, granite counters, eating bar plus nook. Family room has gas FP & floor to ceiling windows. Large main floor bedroom & main floor laundry. 2nd floor master suite has dbl sinks, soaking tub & walk-in closet. Too many features to list. Aggressively priced for a quick sale. Possible lease option.

Please call or e-mail Melissa today for more info or to set up at showing at:

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

NEW PRICE $169,900! 3152 E. 33rd Ave.

3152 E. 33rd Ave.

4bd/3ba/2 car garage

NEW PRICE $169,900

Virtual Tour at: www.tourfactory.com/870775

Bright & Open Contemporary Upper South Hill Home

Call or e-mail Melissa today for a showing or a for any questions at:

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net



NEW PRICE $129,900! 3717 E. 24th Ave.

3717 E. 24th Ave,

4bd/2ba/2 car detached garage

NEW PRICE! $129,900

Don't miss this 4 bedroom South Hill bungalow!

Virtual Tour at: www.tourfactory.com/874456

Call or e-mail Melissa today for a showing or any questions!

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

NEW PRICE $84,300! 2921 E. 17th

2921 E. 17th Ave.

4bd/2ba/2 car detached garage

NEW PRICE! $84,300

South Hill Short Sale BARGAIN!

Virtual Tour at: www.tourfactory.com/687877

Call or e-mail Melissa today for a showing or any questions!

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

SOLD & CLOSED! Congratulations to Roy & Cheryl.

12923 E. 26th Ave.

$199,900

4bd/2ba/2 car garage

SOLD & CLOSED! Congratulations Roy & Cheryl!

Virtual Tour at: www.tourfactory.com/786538

Call Melissa today to sell your house or for any of your real estate needs.

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

829 S. Avalon St.

829 S. Avalon St.

$35,000

Airway Heights Duplex Lot w/ Foundation & Utilities In!

Virtual Tour at: www.tourfactory.com/878305

Please call or e-mail Melissa today for any questions

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

813 E. Brierwood Ln.

                                                          

813 E. Brierwood Ln.

$169,500

5bd/4ba/3 car attached garage

Virtual Tour at: http://www.tourfactory.com/703886

Large 2 story home with full walkout daylight bsmt. Nicely remodeled with trendy colors, slate entry, hardwood floors & more. Vaulted foyer leads to formal dining & living rooms. Kitchen boasts a skylight, granite counters, eating bar plus nook. Family room has gas FP & floor to ceiling windows. Large main floor bedroom & main floor laundry. 2nd floor master suite has dbl sinks, soaking tub & walk-in closet. Too many features to list. Aggressively priced for a quick sale. Possible lease option.

Please call or e-mail Melissa today for more info or to set up at showing at (509) 879-7858 or melissadailey@comcast.net

3717 E. 24th Ave.

3717 E. 24th

$139,000

4bd/1ba/2 car detached garage

Virtual Tour at: www.tourfactory.com/874456

Don't miss this 4 bedroom bungalow with newer gas furnace, gas f/p, wood flrs with great outdoor entertaining from walkout bsmt & lrg patio (hot tub negotiable). Bsmt has laundry and bar area with potential for future family room, and 2 non-egress bdrms. Quiet street & mature trees. Invisible fence system included. RV/boat parking plus 2 car garage with small storage area.

Please call or e-mail Melissa today for more info or to set up at showing at (509) 879-7858 or melissadailey@comcast.net

10113 W. Barberry Ln.

10113 W. Barberry Ln.

NEW PRICE $129,900

3bd/2bd/2 car garage

Virtual Tour at: www.tourfactory.com/863345

Close in new construction minutes to FAFB, hospitals & downtown. 3Bd 2Ba great room w/2 car garage w/opener, fenced backyard, central A/C & gas heat. Vinyl siding & windows make this low maint home. Relocation forces sale subject to short sale approval.

Please call or e-mail Melissa today for more info or to set up at showing at (509) 879-7858 or melissadailey@comcast.net

11021/11023 E. Augusta Ct.

11021/11023 E. Augusta Ct.

NEW PRICE $168,000

Valley duplex priced to sell. 3bd 2ba Split Entry style townhome duplex on separate parcels. Each unit has an attached 1 car garage, laundry, bath, 3rd bdrm& rec rm in bsmt. 2nd parcel number is 45093.2320. Property could potentially be sold as 2 individual homes in the future. Great close in Central Valleylocation.

Virtual Tour at: www.tourfactory.com/619218

Please contact Melissa for any questions or to set up a showing.

E-mail: melissadailey@comcast.net

Cell: (509) 879-7858

11123 E. 38th Ave.

11123 E. 38th Ave.

$139,900

4bd/3ba/2 car garage

Beautifully Maintained Contemporary Home with In Ground Pool on Huge Corner Lot! 3 Main floor bedrooms, two baths/(3rd bath roughed-in in laundry room). 4th Bedroom in basement has no closet. Spacious Kitchen with lots of storage and tile floors into dining. Large 2 level deck and separate fenced patio area around in-ground heated pool (liner needs repair). Vinyl siding and windows and newer carpet. Short Sale. Priced to sell.

Virtual Tour at: www.tourfactory.com/872038

Call or e-mail Melissa today for more information or to schedule a showing at:

E-mail: melissadailey@comcast.net

Cell: (509) 879-7858

3152 E. 33rd Ave.

3152 E. 33rd Ave.

$172,500

4bd/3ba/2 car garage

Bright & Open Contemporary Upper South Hill home with 3 main floor bedrooms. Master suite with large walkin closet and double sinks in the 3/4 bath. Walnut stained kitchen cabinets with accents including glass doors and special drawer sections. Kitchen island has accent pendant lighting and angular bar. Great room has nice natural light and pergo flooring. Basement is fully finished with large 4th bedroom, family room with outside entrance and laundry room with 1/2 bath. Fenced backyard and large storage shed.
MUST SEE!!

Virtual Tour at: www.tourfactory.com/870775

Call or e-mail Melissa today for more information or to schedule a showing at:

E-mail: melissadailey@comcast.net

Cell: (509) 879-7858



Take Advantage of Coldwell Banker Tomlinson's Discount for PODS!

1308 E. Eastview Dr.

1308 E. Eastview Dr.

$234,900

3bd/3ba/2 car garage

Gorgeous remodel in this contemporary home with a large vaulted living room, bamboo flooring, exposed wood beam & tiled gas FP. Full kitchen remodel with white cab, nickel hardware, travertine backsplash, stainless dbl ovens & lrg eating bar. Master bath is beautifully remodeled w/tile corner shower. Full fin bsmt with surround sound in family rm plus wood FP & walkout bsmt to lrg treed backyard. Don't miss! Too much to list.

Contact Melissa today for more information or to set up a showing.

Cell: (509) 879-7858

E-mail: melissadailey@comcast.net

10113 W. Barberry

10113 W. Barberry

$139,900

3bd/2bd/2 car garage

Virtual Tour at: www.tourfactory.com/863345

Close in new construction minutes to FAFB, hospitals & downtown. 3Bd 2Ba great room w/2 car garage w/opener, fenced backyard, central A/C & gas heat. Vinyl siding & windows make this low maint home. Relocation forces sale subject to short sale approval.

Please call or e-mail Melissa today for more info or to set up at showing at (509) 879-7858 or melissadailey@comcast.net

It's safe to sell your home again

5/4/2012

(Money Magazine) -- Given everything they knew about the lackluster housing market, Meghann and Cort Battles didn't expect much when they listed their four-bedroom home in Centennial, a Denver suburb, for sale in January. So they were taken aback by the onslaught of interest.

Meghann, at home on maternity leave with their two sons, juggled 32 showings in the first month. "It's so exhausting trying to find somewhere to go for an hour two or three times a day," she says. The Battles even installed a special front-door handle to text them when buyers enter and exit so that they can return as soon as possible. "It's just crazy," she says.

Wait, isn't the real estate market still supposed to stink after five straight years of falling prices?
Turns out that while analysts debate when the market will hit bottom, for a surprising number of cities the turnaround has already begun. In December, prices rose in 109 of the 384 metro areas tracked by the data firm CoreLogic. Scrub out foreclosures, and that figure climbs to 169.

If you think that recovery means a return to the boom's double-digit price increases, forget about it. "The market won't suddenly snap back," warns CoreLogic economist Sam Khater, who has studied past housing busts.

For any of your real estate needs please call or e-mail Melissa at (509) 879-7858 or melissdailey@comcast.net.

To view the full article please visit: http://money.cnn.com/2012/04/19/real_estate/housing-market.moneymag/index.htm

South Hill Short Sale DEAL! Newer 5BD/2BA Comtemporary Split!

3820 E. 25th Ave.

5bd/2ba/2 car garage

$135,000

MLS# 201214990

Short Sale Deal! Newer split w/vaulted ceilings & Pergo type floors in kitchen & dining area. 2 bd 1 ba on main; 3 bd 1 ba w/jetted tub in bsmt. 2 bdrms down are nonconforming & could also work as an office & rec rom. GFA heat plus central A/C, fenced yard, 2 car gar & sprnkler system, plus large storage shed. Great value - Show & Sell!

Call or e-mail Melissa today for more information or to set up a showing at (509) 879-7858 or melissadailey@comcast.net.

Totally Remodeled 2-Story Near Chief Gary Park!

2124 E. Mission

$122,500

3bd/2ba

Do not curb appraise! Totally remodeled 2 story with new kitchen, baths, flooring etc. Main floor has 1 bdrm, 1/2 bath, large living room and dining room w/Pergo style floors & new kitchen w/eat-in dining space. & slate colored vinyl. Upstairs has 2 large bdrms w/ new carpet and full bath w/tiled shower and laundry. Large rear deck and lots of alley parking. Lease option available.

Please call or e-mail Melissa to schedule a showing or for more information at (509) 879-7858 or melissadailey@comcast.net.

Rents keep rising as home prices stagnate

NEW YORK (CNNMoney) -- Renting used to be cheaper than buying. But in many U.S. cities that's no longer the case, as rents continue to climb and home prices stagnate.While asking prices for homes declined 0.7% over the past 12 months through March, rents rose 5%, according to a report released Thursday by real estate listing site Trulia.

The median rent for all types of rental homes hit $1,350 a month in March, up from a median of $1,285 a month 12 months ago, Trulia reported. "Buying a home is more affordable than renting now in almost every part of the United States," said Jed Kolko, chief economist for Trulia.Several metro areas recorded double-digit percentage increases in rental rates.In Sarasota, Fla., the average rent jumped 12.9% year-over-year, the biggest increase of any of the 100 largest metro areas Trulia surveyed. Miami and San Francisco saw the next biggest increases, with rent hikes of 12.1% and 11.1%, respectively.The metro areas that sustained the highest rent increases were a decidedly mixed bag, but obviously shared one factor: rising demand for a limited supply of rental units.

The national vacancy rate for apartments fell 0.3 percentage points during the first quarter to 4.9%, its lowest point since late 2001, according to a separate report from Reis Inc., a real estate research firm. With such limited availability, it has put pressure on rentals of all types. In cities like Miami that were hit hard by the housing bust and recorded a high number of foreclosures, all of the displaced residents have to live somewhere.

Call Melissa today for any of your real estate needs at (509) 879-7858 or e-mail her at melissadailey@comcast.net.

To view the full article please visit:

http://money.cnn.com/2012/04/05/real_estate/buy-rent-home-prices/index.htm

$199,900

12923 E. 26th Ave.

Spokane Valley, WA 99216

4bd/2ba/2 car garage

Location! Great corner treed lot with inground pool & large deck & patio!! Recently updated with newer roof, Gas F/A, Central A/C, new carpet throughout &tile floors in kitchen & baths. 2 car gar plus R/V or boat parking. Fully fenced low maintenance yard with lots of privacy! Living room has wood fireplace and awall of windows overlooking pool. Trendy paint & faux finishes. Large bedrooms - Come See!

Virtual Tour at: www.tourfactory.com/786538

Call or e-mail Melissa today for more information or for a showing at (509) 879-7858 or melissadailey@comcast.net.

407 E. Empire Ave.

$99,900

4ba/3ba/1 car garage

Virtual Tour at:

www.tourfactory.com/843446

Solid well maintained Rancher w/same owner for nearly 50 years! Spacious living room w/wood fireplace eat-in-kitchen w/pantry and all appliances stay! 3 Main floor bedrooms. Basement has large 4th non egress bedroom and Huge Family room. 3/4 bath and lots of storage. Partially fenced yard w/sprinkler system and oversized 1 car garage w/alley access. Priced to sell.

Call or e-mail Melissa today for showing at (509) 879-7858 or melissadailey@comcast.net.

Mortgage rates flirt with record lows again

NEW YORK (CNNMoney) -- Mortgage rates dipped into record territory again, with the 15-year fixed-rate falling to its lowest level in 60 years and the 30-year fixed-rate just a tick off its own record. A popular choice among homeowners looking to refinance, 15-year, fixed-rate mortgages averaged 3.13% last week, down slightly from the record low of 3.14% set in early February, according to Freddie Mac. The average rate on 30-year fixed-rate mortgage fell to an average of 3.88%, a mere 0.01 percentage points above its previous record low.


The record low rates have helped make housing as affordable as ever, according to Frank Nothaft, Freddie's chief economist."With these historically low rates and declining house prices, the typical family had more than double the income needed to purchase a median-priced home in January," he said.


To view the full article please visit: http://money.cnn.com/2012/03/08/real_estate/mortgage-rates/index.htm

Please call or e-mail Melissa today for more information or to schedule a showing today at :

(509)879-7858 or melissdailey@comcast.net

Lovely Updated South Hill Bungalow

1519 E. Thurston Ave.

$149,900

4bd/1ba/1 car garage
MLS # 201213051

Lovely updated South Hill bungalow with gleaming hardwood floors, 3 main, floor bdrms; large dining rm off the updated kitchen w/glass doors to deck, vinyl siding & windows, CAC & 95% eff GFA. Family rm, laundry & egress 4th bdrm in bsmt. Huge rear deck & fenced yard w/sprinkler system. Charming & nicely updated - Must See!!

Virtual Tour at:www.tourfactory.com/838991

Please call or e-mail Melissa today for more information or to schedule a showing today at :

(509)879-7858 or melissdailey@comcast.net

Home prices are lowest since 2002

NEW YORK (CNNMoney) -- National home prices fell 4% in the fourth quarter of 2011, putting them back at levels last seen in mid-2002. That's the fifth consecutive annual loss and the biggest decline since 2008, when markets were in free fall and prices plummeted more than 18%.

Prices have been falling since they topped out in 2006, and are down 33.8% from their peak, according to the S&P/Case-Shiller national home price index.

"The housing market ended 2011 on a very disappointing note," said David Blitzer, spokesman for S&P. "While we thought we saw some signs of stabilization in the middle of 2011, it appears that neither the economy nor consumer confidence was strong enough to move the market in a positive direction as the year ended."

After prices fell sharply in 2007 and 2008, declines over the past three years have been more modest. Many analysts thought markets were bottoming out and would soon stabilize, and even pick up. The last quarter of 2011, when national index prices fell a steep 3.8% from the third quarter, may have dashed those hopes.

To view the full article please visit: http://money.cnn.com/2012/02/28/real_estate/home_prices/index.htm

Call or e-mail Melissa today for any of your real estate needs at (509) 879-7858 or melissadailey@comcast.net.

New Home Sales Exceed Expectations

NEW YORK (CNNMoney) -- New home sales exceeded forecasts in the latest government readings Friday, another sign of a long-awaited recovery in the battered housing market.The Census Bureau reported that the pace of new home sales hit a seasonally-adjusted annual rate of 321,000 in January, up from the previous reading for December and better than economists' forecasts. Census also revised the December figure higher to a rate of 324,000, meaning that the pace of sales was about 6% stronger that month than the original estimate.

The supply of new homes for sale once again fell, the 11th straight month the inventory of new homes on the market has been at a record low level. The continued decline in supply comes even as other government readings have shown an increase in housing starts by home builders in recent months.The tight supply, which was at 151,000 new homes in January, helped to lift prices, as the median price of a new home sold in the month rose slightly to $217,100, up $600 from December.There are other signs that the long-suffering housing market is finally improving.

The pace of sales of existing homes in January was at the highest point since the end of an $8,000 home buyers' tax credit in 2010. Mortgage rates have been at record lows until a slight increase this week.

To view the full article please view: http://money.cnn.com/2012/02/24/real_estate/home_sales/index.htm

Please call or e-mail Melissa today for any of your real estate needs at (509) 879-7858 or melissadailey@comcast.net

Housing settlement details due out this week

WASHINGTON (CNNMoney) -- Final details are due out this week in the $26 billion settlement to help struggling homeowners and settle charges of abusive and negligent foreclosure practices, according to President Obama's housing chief.The Obama administration made a big announcement nearly three weeks ago, touting that 49 states had agreed on a deal with the five largest banks providing relief to homeowners who were victims of improper foreclosures. The relief would come in the form of principal reductions, mortgage refinancings and small payouts.

But so far, the only details made public have been what officials have said, as well as a few short summaries and fact sheets.Department of Housing and Urban Development Secretary Shaun Donovan said in a Senate Banking hearing Tuesday that the deal will be filed in court later this week, making all the details public.Donovan said that the earlier announcement revealed the "significant aspects of the agreement." He suggested that officials have been in minor negotiations with some states about, for example, how they planned to use their piece of the settlement. He also said that federal officials had been in talks with other banks considering signing on to the deal.

To view the full article please visit: http://money.cnn.com/2012/02/28/news/economy/mortgage_settlement/index.htm

For any of your real estate needs please call or e-mail Melissa today at (509) 879-7858 or melissadailey@comcast.net.

Fannie, Freddie legal fees: $110 million and counting

WASHINGTON (CNNMoney) -- A watchdog agency said Wednesday that the legal tab for former leaders of mortgage finance giants Fannie Mae and Freddie Mac is at least $110 million.And taxpayers have paid at least $47 million of it, according to an Office of Inspector General of the Federal Housing Finance Agency report.

And the total bill could be even higher since the inspector general report focused on only one particular legal case against Fannie Mae, and isn't an exhaustive account of the housing giants' legal bills, reportedly more than $160 million, according to a 2011 congressional hearing. Yet, a whopping $99.4 million has been paid in legal bills to defend a 2004 case against three former Fannie Mae senior executives accused of inflating the firm's publicly traded stock price to maximize their own bonuses.

About $37 million of that has been picked up by the taxpayer.For Freddie Mac, the overall legal tab paid by the taxpayers is $10 million, according to inspector general.The Federal Housing Finance Agency inherited legal bills when it took Fannie Mae and Freddie Mac under conservatorship in 2008. The bills are for employees long gone but must be paid as a part of benefits packages agreed to by legal contract.

To view the full article please visit: http://money.cnn.com/2012/02/22/news/economy/fannie_freddie_legal_fees/index.htm

Please call Melissa today for any of your real estate needs at (509) 879-7858 or email her at melissadailey@comcast.net.

New home construction starts strong in 2012

NEW YORK (CNNMoney) -- New home construction got off to a strong start for the year, with housing starts and building permits rising in January on a monthly and annual basis -- another sign that the U.S. housing market and broader economy are headed in the right direction. The Census Bureau reported that housing starts rose to an annual rate of 699,000, up 1.5% from December. Compared to a year ago, housing starts were almost 10% higher.

Building permits, which are less affected by weather than starts, came in at a 676,000 annual rate in January, up 0.7% from the prior month and 19% from a year earlier. Results were also better than industry expectations. A consensus of industry experts from Briefing.com had forecast starts of 671,000 and permits of 675,000.

To view the full article please visit: http://money.cnn.com/2012/02/16/real_estate/housing_starts/index.htm

Please call or e-mail Melissa today whether you're a first-time home buyer, investor, or looking to sell your home at (509) 879-7858 or melissadailey@comcast.net.

Home prices at lowest point in more than 10 years

NEW YORK (CNNMoney) -- Home prices fell to their lowest point in more than a decade in January, which helped to lift the pace of home sales, according to a report from an industry trade group.The National Association of Realtors reported that the median home price in January fell 2% from December to $154,700. That's the lowest price reading since November 2001, before the run-up in home prices that became known as the housing bubble.

The median price is the point at which half of homes are sold for a higher price, and half are sold at a lower price. (Multi-million dollar foreclosures)Serving as a drag on existing home prices is a large inventory of homes in foreclosure. Distressed home sales, which includes homes in foreclosure and so-called short sales in which the home is sold for less than what is owed on the mortgage, made up 35% of sales in January."Prices will continue to fall through the first half of 2012 due to the high share of distressed sales," said Stuart Hoffman, chief economist with PNC Financial. "The recent agreement between the big mortgage servicers, state attorneys general and the Obama administration will also result in more homes going to foreclosure over the next few months, adding to downward pressure on prices."

To view the full article visit: http://money.cnn.com/2012/02/22/real_estate/home_sales/index.htm

For all of your real estate needs please call or e-mail Melissa today at (509) 879-7858 or melissadailey@comcast.net.

Citi fined $158 million for gaming federal housing program

Citi fined $158 million for gaming federal housing program

NEW YORK (CNNMoney) -- Citigroup will pay $158 million to settle charges that its mortgage unit defrauded the Federal Housing Administration by inaccurately claiming that certain mortgages were eligible for government insurance, government officials announced Wednesday. Under the FHA's Direct

Endorsement Lender program, lenders like Citi's CitiMortgage division can submit certain loans for government insurance in case a borrower defaults. Lenders are required to maintain their own quality-control programs to ensure that loans submitted for such insurance have been prepared properly and without any evidence of fraud.

Citi, however, repeatedly obscured or downplayed problems with loans submitted for insurance over the past decade, the Manhattan U.S. Attorney's Office said Wednesday. The firm ignored roughly 1,000 cases of potential fraud and failed to verify information on borrowers' ability to make payments, according to the complaint in the case.Of the 30,000 mortgages Citi (C, Fortune 500) has endorsed for FHA insurance since 2004, more than 30% have defaulted, including 47% of those originated in 2006 and 2007. The government has already paid out nearly $200 million in claims on these loans, a "substantial percentage" of which should never have been eligible for insurance, the complaint says.

To view the full article please visit: http://money.cnn.com/2012/02/15/news/companies/citi_mortgage_settlement/index.htm

Call or email Melissa today for any of your real estate needs at (509) 879-7858 or melissadailey@comcast.net.

Remodeled Bungalow in Lower South Hill

2523 E. 4th

$69,900

3bd/1ba

Recently remodeled Rancher with formal dining, large living room & kitchen. 3rd bdrm is small and accessed through master, but perfect for child's room oroffice. Gas fireplace, vinyl windows & newer paint. Large yard. Close to bus route. Priced for quick sale.

Virtual Tour at:www.tourfactory.com/557963

Please call or e-mail Melissa today for a showing or for more information at (509) 879-7858 or melissadailey@comcast.net.

First-Time Homebuyer's Guide

Mike Valdez fits the profile of a savvy first-time homebuyer perfectly. A
34-year-old financial analyst from New Rochelle, N.Y., he and his family had
grown sick of living the renter's life. So two years ago he decided to test the
market and find a townhouse for his growing family. But despite his financial
aptitude, he quickly ran into a setback."We found a place we liked and
ran the numbers," he says, but the young couple soon discovered that they had
underestimated the burden of their college debt. They were forced to back
out.Mike's lesson goes to the heart of what every first-time homebuyer
needs to know -- buying a home means so much more than paying a mortgage.

Fix Your Credit

The first step toward buying a home takes place months before walking into your lender's office. It's crucial to check your credit score at least three to six months ahead of your mortgage
application, says Rod Griffin, director of Public Education at Experian. You can
request a free copy of the report from each of the three credit bureaus
(Experian, TransUnion and Equifax) at annualcreditreport.com.Even if
you don't have sterling credit (generally a FICO score of 720 or above), the
most important thing to do is to take stock of what the figure means. "Every
score is educational," says Griffin. "It's more about why the number is than
what the number is."

To view the full article please visit: http://realestate.aol.com/blog/2010/06/25/first-time-homebuyers-guide/#comments

Call or e-mail Melissa today for any of your First-Time Homebuyer needs or for any of your real estate needs at (509) 879-7858 or melissadailey@comcast.net.

Home buying: Most affordable in decades

NEW YORK (CNNMoney) -- Buying a home is now more affordable than it has been in the last twenty years. Thanks to continued declines in home prices and rock-bottom mortgage rates, the National Association of Home Builders/Wells Fargo Housing Opportunity Index hit a record level of affordability.

According to the index, 75.9% of all new and existing homes sold during the three months ended Dec. 31 could have been comfortably purchased by families earning the national median income of $64,200. That was the highest percentage recorded in the 20-year history of the index, and a sharp increase from just three months earlier when 72.9% of all homes sold were considered affordable.Unfortunately, being able to afford a home and actually being able to buy one are two different matters entirely. According to Barry Rutenberg, chairman of the National Association of Home Builders (NAHB) and a home builder from Gainesville, Fla., potential home buyers are still finding it difficult to land mortgages.

View the full article at: http://money.cnn.com/2012/02/15/real_estate/housing_affordability/index.htm

Please give Melissa a call or e-mail at (509) 879-7858 or melissadailey@comcast.net for any of your real estate needs!

NEW YORK (CNNMoney) -- Slowly, but surely, the foreclosure crisis seems to be abating. The number of homes in foreclosure shrunk by 130,000, or 8.4%, in 2011, according to a report from CoreLogic, an economic research firm.

These are homes owned by borrowers who had slipped far behind on payments, forcing lenders to put them into the foreclosure process. The homes remain foreclosure inventory until they're sold -- either at auction or in a short sale, which is when a home is sold for less than the mortgage value -- or until homeowners are current again on payments.

There are dual reasons for the inventory drop, according to Mark Fleming, chief economist with CoreLogic.Foreclosure deal has 40 states but others balk"The pace at which properties are entering foreclosure is slowing," he said. "And servicers nationwide stepped up the rate at which they were able to process distressed assets."

For any of your real estate needs please feel free to give a call or email Melissa at (509) 879-7858 or melissadailey@comcast.net.

To read the full article please visit: http://money.cnn.com/2012/02/08/real_estate/foreclosure_inventory/index.htm

9 remodeling tips to make your home feel bigger

(MONEY Magazine) -- You don't have to be underwater on your mortgage to feel trapped in your home. Now may be a less than ideal time to put a house on the market or to take on big debt -- icing your plans to trade up or build an addition anytime soon. But that doesn't mean you're stuck living in an uncomfortable home.

1. Multitask the dining room ... Cost: $500 to $2,000 If you have an eat-in kitchen, your dining room is probably used for special occasions only. "Why have a prime spot sit vacant except for two or three holidays a year?" says Susanka.

To view the full article visit:

http://money.cnn.com/2012/01/20/real_estate/home_remodeling.moneymag/index.htm

Please call or e-mail Melissa for any of your real estate needs at (509) 879-7858 or melissadailey@comcast.net.

Whether it's your first home, selling your home, investment property or land, Melissa has the expertise in diverse range of real esate to help you today.

Finally, a foreclosure settlement (Maybe)

WASHINGTON (CNNMoney.com) -- States have until late Monday to agree to the latest draft deal aimed at relieving homeowners struggling with mortgages bigger than their home's value.That means federal officials and states attorneys general could be days away from announcing a deal with some of the nation's largest banks that could yield.

"Documents have been shared with the attorneys general," said U.S. Housing and Urban Development Secretary Shaun Donovan during a White House briefing on Wednesday. "They are making decisions as we speak. A number of them have already announced support for it, and it will be finalized, I would expect, in the coming days."

To view the full article go to: http://money.cnn.com/2012/02/03/news/economy/mortgage_settlement/index.htm

Please contact Melissa for any of your real estate needs at (509) 879-7858 or melissadailey@comcast.net.

Home Sales Continue to Improve

NEW YORK (CNNMoney) -- Home sales ended a difficult year on a high note, resulting in a gain in full-year sales volume.The National Association of Realtors reported that the annual sales pace in December reached 4.6 million homes, up 5% from November's pace and 3.6% from a year ago.

It was the third straight month of improvement in the pace of sales. The fourth-quarter sales volume lifted full-year sales to 4.26 million homes, up 1.7% from 2010 levels.
"The pattern of home sales in recent months demonstrates a market in recovery," said Lawrence Yun, the group's chief economist. "Record low mortgage interest rates, job growth and bargain home prices are giving more consumers the confidence they need to enter the market." Home prices, however, remained depressed, largely because distressed sales continue to make up a significant part of the market.

Please contact Melissa for any of your real estate needs. Whether you're buying or selling Melissa can help make the transaction smooth and seamless with her experience, professionalism and integrity. (509) 879-7858 or e-mail her at melissadailey@comcast.net

To read the full article: http://money.cnn.com/2012/01/20/real_estate/home_sales/index.htm

Cashing In On Rental Property

THE CASE FOR BUYING NOW Many factors make this a great time to invest. Mortgage rates are at a 40-year low, and homes in many areas are ultra-cheap. Meanwhile, demand for rentals has risen in more than 500 cities, according to recent Census data. That, in turn, has enabled landlords to charge more. Hotpads.com, a real estate research firm, reports that rents nationwide jumped 11.6% in 2010, to $1,320 a month. You'll need that rental income to tide you over until home prices bounce back; in fact, the typical investor today plans to hold for 10 years, according to a survey by the National Association of Realtors.

It's a great time to cash in on investments! Melissa has the experience to help with your rental income property needs. Please call or e-mail today for more information at (509) 879-7858 or melissadailey@comcast.net.

To view the rest of this article please visit: http://money.cnn.com/2011/08/30/real_estate/rental_property_investing.moneymag/index.htm

LEASE OPTION! Quiet Valley Rancher on Large Lot with Mature Trees!

17722 E. Sprague Ave.

$120,000

3bd/1ba/1 car garage

Lease Option! Quiet Valley rancher on large lot with mature trees. Most remodeling complete-just needs a few finishing details to shine! Newer roof, vinyl windows, wood floors, updated kitchen with tile floors. Three good sized bedrooms and main floor laundry and large living room wioth lots of light. Possible lease purchase at $1000/month. CLA for details.

Please call or e-mail Melissa for more information or for a showing at (509) 879-7858 or melissdailey@comcast.net.

Virtual Tour at:

www.tourfactory.com/819212